The fitness chain, which is already operating on a forbearance agreement, is seeking a deal with lenders to shore up liquidity.
The CEO of the upscale athletic apparel seller says its stores have remained profitable and serve as an anchor for loyal customers.
Mall operator Citycon is building a click-and-collect service that would allow consumers to shop the full array of a mall’s offerings on one website.
The move to stop paying for Ubers and taxis comes as more of the bank’s workers plan to return to the office.
The mall’s owners entered into an agreement with lenders to avoid foreclosure. Now what?
Apparel stores, fitness studios and hair salons continue to be among many retailers struggling to pay rent.
Jobs most at risk of being replaced by machines include hotel desk clerks, shuttle drivers, retail salespersons and parking attendants.
COVID-19 is accelerating trends that were already underway for years.
Saying NYC won’t recover from the pandemic “is nonsense and sells New Yorkers short,” says the man who helped rebuild the World Trade Center.
The work-from-home lifestyle seems to have negatively impacted the bank’s younger workers’ productivity.
